Investing IdeasBrowse All StocksMarkets

Have your own idea? Try our Stock Screener

Header cover image

Indonesian (IDX) Steel Industry Analysis

UpdatedApr 23, 2025
DataAggregated Company Financials
Companies10
  • 7D9.3%
  • 3M-3.4%
  • 1Y-30.2%
  • YTDn/a

The Steel industry is up 2.6% in the last week, with Adaro Minerals Indonesia up 11%. However, the industry is down 36% over the past year. In the next few years earnings are forecast to be pretty stable.

Industry Valuation and Performance

Has the Indonesian Steel Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 24 Apr 2025Rp45.4tRp52.0tRp4.0t6.6x11.4x0.9x
Sat, 22 Mar 2025Rp46.6tRp53.0tRp4.2t7.1x11.2x0.9x
Mon, 17 Feb 2025Rp42.1tRp55.8tRp6.0t4x7x0.8x
Wed, 15 Jan 2025Rp51.5tRp55.8tRp5.9t5x8.7x0.9x
Fri, 13 Dec 2024Rp61.3tRp54.9tRp5.8t6.2x10.5x1.1x
Sun, 10 Nov 2024Rp68.2tRp54.1tRp5.7t7x11.9x1.3x
Tue, 08 Oct 2024Rp78.7tRp56.3tRp8.5t6.3x9.3x1.4x
Thu, 05 Sep 2024Rp67.0tRp55.8tRp6.9t6.4x9.7x1.2x
Sat, 03 Aug 2024Rp68.2tRp56.2tRp6.4t6.4x10.7x1.2x
Mon, 01 Jul 2024Rp65.3tRp65.5tRp7.0t6.9x9.4x1x
Wed, 29 May 2024Rp72.4tRp67.8tRp7.1t6.9x10.3x1.1x
Fri, 26 Apr 2024Rp67.4tRp68.8tRp6.5t7.5x10.4x1x
Sun, 24 Mar 2024Rp66.7tRp67.5tRp6.3t7.6x10.6x1x
Tue, 20 Feb 2024Rp69.6tRp65.8tRp3.8t10x18.2x1.1x
Thu, 18 Jan 2024Rp65.5tRp65.9tRp3.8t11.2x17.1x1x
Sat, 16 Dec 2023Rp70.7tRp65.5tRp3.8t11.3x18.6x1.1x
Mon, 13 Nov 2023Rp61.6tRp71.5tRp4.6t8.9x13.3x0.9x
Wed, 11 Oct 2023Rp69.1tRp71.2tRp4.5t9.9x15.4x1x
Fri, 08 Sep 2023Rp70.2tRp69.6tRp4.4t10.1x16x1x
Sun, 06 Aug 2023Rp55.8tRp75.9tRp6.0t8.2x9.3x0.7x
Tue, 04 Jul 2023Rp51.9tRp75.8tRp6.0t7.6x8.7x0.7x
Thu, 01 Jun 2023Rp46.7tRp77.7tRp7.6t6.4x6.2x0.6x
Sat, 29 Apr 2023Rp60.8tRp76.2tRp7.6t6.3x8x0.8x
Mon, 27 Mar 2023Rp60.9tRp78.4tRp7.7t6.2x7.9x0.8x
Wed, 22 Feb 2023Rp75.5tRp78.4tRp8.8t7.3x8.6x1x
Fri, 20 Jan 2023Rp87.8tRp78.3tRp8.8t9.7x10x1.1x
Sun, 18 Dec 2022Rp89.3tRp80.3tRp9.1t10.4x9.8x1.1x
Tue, 15 Nov 2022Rp95.5tRp78.4tRp8.9t13.9x10.7x1.2x
Thu, 13 Oct 2022Rp91.6tRp76.2tRp8.3t14.4x11.1x1.2x
Sat, 10 Sep 2022Rp92.1tRp71.0tRp6.7t17.1x13.8x1.3x
Mon, 08 Aug 2022Rp87.6tRp69.4tRp6.0t12.4x14.5x1.3x
Wed, 06 Jul 2022Rp87.8tRp68.5tRp6.1t11.9x14.3x1.3x
Fri, 03 Jun 2022Rp113.0tRp65.2tRp5.8t10.1x19.3x1.7x
Sun, 01 May 2022Rp132.8tRp60.4tRp4.9t13.2x27.2x2.2x
Price to Earnings Ratio

27.2x


Total Market Cap: Rp132.8tTotal Earnings: Rp4.9tTotal Revenue: Rp60.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Steel Industry Price to Earnings3Y Average 11.8x202320242025
Current Industry PE
  • Investors are relatively neutral on the Indonesian Steel industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 11.8x.
  • The 3-year average PS ratio of 1.1x is higher than the industry's current PS ratio of 0.87x.
Past Earnings Growth
  • The earnings for companies in the Steel industry have declined 6.6% per year over the last three years,
  • Revenues have also declined 5.0% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

How does Indonesian Steel compare with similar industries?

ID Market2.21%
Materials8.72%
Metals and Mining14.02%
Steel9.25%
Copper17.36%
Gold16.54%
Diversified Metals and Mining8.88%
Aluminum-0.59%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
ADMR Adaro Minerals IndonesiaRp955.005.5%
+Rp2.0t		-29.3%PE5.3x
KRAS Krakatau Steel (Persero)Rp126.007.7%
+Rp174.1b		-9.4%PS0.2x
ISSP Steel Pipe Industry of IndonesiaRp296.005.0%
+Rp98.9b		-2.6%PE3.9x
BTON Betonjaya ManunggalRp418.004.0%
+Rp11.5b		1.0%PE10.2x
BAJA Saranacentral BajatamaRp81.002.5%
+Rp3.6b		-23.6%PS0.2x
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlans & PricingLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & EnterpriseWhat's New
Financial Services GuideTerms and ConditionsPrivacy Policy
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

ADMR

Rp955.00

Adaro Minerals Indonesia

7D

5.5%

1Y

-29.3%

ISSP

Rp296.00

Steel Pipe Industry of Indonesia

7D

5.0%

1Y

-2.6%

NIKL

Rp220.00

Pelat Timah Nusantara

7D

-1.8%

1Y

-47.1%

BTON

Rp418.00

Betonjaya Manunggal

7D

4.0%

1Y

1.0%

KRAS

Rp126.00

Krakatau Steel (Persero)

7D

7.7%

1Y

-9.4%

BAJA

Rp81.00

Saranacentral Bajatama

7D

2.5%

1Y

-23.6%

GDST

Rp75.00

Gunawan Dianjaya Steel

7D

-3.8%

1Y

-16.7%